taking our brands to the next level · as no.1 rice company in india, no.1 global basmati rice...
TRANSCRIPT
46C, Chowringhee Road, ‘Everest House’, Room No. 15B, 15th Floor, Kolkata - 700071Website: www.reiagro.com
Takingour brands
to thenext level
A N N UA L R E P O R T 2 0 1 0 - 1 1
Taking our brands to the next level 01
Financial Highlights 02
Directors’ Report 04
Management Discussion & Analysis 08
Report on Corporate Governance 12
Auditors' Report 23
Financials 26
Contents
Disclaimer
In this Annual Report we have disclosed forward-looking statements to enable investors to comprehend our prospects and take informed investment decisions. This report and other statements - written and oral - that we periodically make contain forward-looking statements that set out anticipated results based on the management's plans and assumptions. We have tried wherever possible to identify such statements by using words such as 'anticipate', 'estimate', 'expects', 'projects', 'intends', 'plans', 'believes' and words of similar substance in connection with any discussion of future performance.
We cannot guarantee that these forward-looking statements will be realised, although we believe we have been prudent in our assumptions. The achievement of results is subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialse, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. Readers should bear this in mind. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
Corporate Information BOARD OF DIRECTORS
Shri Sanjay JhunjhunwalaChairman
Shri Sandip JhunjhunwalaVice Chairman cum Managing Director
Dr. ING N. K. GuptaIndependent Non-Executive Director
Shri A. ChatterjeeIndependent Non-Executive Director
Shri K. D. GhoshIndependent Non-Executive Director
COMPANY SECRETARY cumCOMPLIANCE OFFICER Shri Mandan Mishra
REGISTERED OFFICE“ Everest House”46C, Chowringhee Road,15th floor, Room No. 15-BKolkata - 700071
CORPORATE OFFICE58A/1, Sainik Farm,New Delhi - 110062
AUDITORP. K. Lilha & Co.Chartered Accountants
INTERNAL AUDITORS. JaykishanChartered Accountants
PRINCIPAL BANKERS
UCO Bank
IDBI Bank Limited
Indian Overseas Bank
Corporation Bank
Allahabad Bank
State Bank of Bikaner & Jaipur
United Bank of India
Axis Bank
Indusind Bank
Dena Bank
State Bank of Patiala
Bank of Maharashtra
State Bank of Travancore
Karur Vysya Bank
Central Bank of India
Infrastructure Development Finance Company Ltd.
Indian Renewable Energy Development Agency Ltd.
ICICI Bank, Hong Kong Branch
State Bank of India
ICICI Bank Limited
ING Vysya Bank
REGISTRAR & SHARE TRANSFER AGENTS
Maheshwari Datamatics Pvt. Ltd
6 Mangoe lane, 2nd Floor,
Kolkata - 700001
Tel: + 91 33 22482248/22435029;
Fax: +91 33 2248 4787
Email: [email protected]
Taking our brands to the next level 01
Financial Highlights 02
Directors’ Report 04
Management Discussion & Analysis 08
Report on Corporate Governance 12
Auditors' Report 23
Financials 26
Contents
Disclaimer
In this Annual Report we have disclosed forward-looking statements to enable investors to comprehend our prospects and take informed investment decisions. This report and other statements - written and oral - that we periodically make contain forward-looking statements that set out anticipated results based on the management's plans and assumptions. We have tried wherever possible to identify such statements by using words such as 'anticipate', 'estimate', 'expects', 'projects', 'intends', 'plans', 'believes' and words of similar substance in connection with any discussion of future performance.
We cannot guarantee that these forward-looking statements will be realised, although we believe we have been prudent in our assumptions. The achievement of results is subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialse, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. Readers should bear this in mind. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
Corporate Information BOARD OF DIRECTORS
Shri Sanjay JhunjhunwalaChairman
Shri Sandip JhunjhunwalaVice Chairman cum Managing Director
Dr. ING N. K. GuptaIndependent Non-Executive Director
Shri A. ChatterjeeIndependent Non-Executive Director
Shri K. D. GhoshIndependent Non-Executive Director
COMPANY SECRETARY cumCOMPLIANCE OFFICER Shri Mandan Mishra
REGISTERED OFFICE“ Everest House”46C, Chowringhee Road,15th floor, Room No. 15-BKolkata - 700071
CORPORATE OFFICE58A/1, Sainik Farm,New Delhi - 110062
AUDITORP. K. Lilha & Co.Chartered Accountants
INTERNAL AUDITORS. JaykishanChartered Accountants
PRINCIPAL BANKERS
UCO Bank
IDBI Bank Limited
Indian Overseas Bank
Corporation Bank
Allahabad Bank
State Bank of Bikaner & Jaipur
United Bank of India
Axis Bank
Indusind Bank
Dena Bank
State Bank of Patiala
Bank of Maharashtra
State Bank of Travancore
Karur Vysya Bank
Central Bank of India
Infrastructure Development Finance Company Ltd.
Indian Renewable Energy Development Agency Ltd.
ICICI Bank, Hong Kong Branch
State Bank of India
ICICI Bank Limited
ING Vysya Bank
REGISTRAR & SHARE TRANSFER AGENTS
Maheshwari Datamatics Pvt. Ltd
6 Mangoe lane, 2nd Floor,
Kolkata - 700001
Tel: + 91 33 22482248/22435029;
Fax: +91 33 2248 4787
Email: [email protected]
46C, Chowringhee Road, ‘Everest House’, Room No. 15B, 15th Floor, Kolkata - 700071Website: www.reiagro.com
Takingour brands
to thenext level
A N N UA L R E P O R T 2 0 1 0 - 1 1